Ringkjøbing Landbobank
RILBA.CO
#2848
Rank
$4.49 B
Marketcap
$170.87
Share price
-0.34%
Change (1 day)
24.37%
Change (1 year)

Operating Margin for Ringkjøbing Landbobank (RILBA.CO)

Operating Margin as of May 2024 (TTM): 70.42%

According to Ringkjøbing Landbobank's latest financial reports and stock price the company's current Operating Margin is 70.42%. At the end of 2022 the company had an Operating Margin of 67.07%.

Operating Margin history for Ringkjøbing Landbobank from 2010 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202267.07%6.86%
202162.77%19.63%
202052.47%-8.34%
201957.24%14.77%
201849.88%-26.73%
201768.07%5.44%
201664.55%4.55%
201561.74%2.26%
201460.38%10.98%
201354.40%5.78%
201251.43%4.02%
201149.44%16.33%
201042.50%12.72%
200937.70%-23.49%
200849.28%-33.57%
200774.18%-7.77%
200680.43%21.56%
200566.17%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.